The Government plans to cut student loan interest rates in England and Wales for the second time this summer as inflation and the cost of...

Tax saving of £252 (potentially a tax savings of £1,242!) Marriage allowance is a tax perk available to lower income couples who are...

In response to the Bank of England interest rate increase to 1.75%, HMRC’s late payment interest rates will also increase with effect...

The Bank of England has raised interest rates from 1.25% to 1.75%. This is the biggest rise for 27 years, as it battles to keep a lid on...

The second payment on account for UK self assessment tax year 2021/22 is due for payment on or before midnight Sunday, 31 July 2022. If...

‘Make it Local’ is a campaign which will be launched by Newry, Mourne and Down District Council which will showcase the range of in-store...

The Recovery Loan Scheme offering government backed loans to small businesses due to end on 30 June 2022, has been extended for a further...

The UK rate of inflation rose to 9.4% in the 12 months to June 2022 (up from 9.1% in May 2022) as prices continue to rise at their...

The race to replace the Prime Minister, Boris Johnson is causing tax uncertainty for small company owners in the interim. In the UK, the...

The Bank of England’s Monetary policy committee has announced interest rates are rising by 0.25% from 1% to 1.25%. Interest rates are now...

Following the introduction of the Health & Social Care Levy from April 2022, employees will pay National Insurance at 13.25% (previously...

The deadline for submitting applications on the Recovery Loan Scheme is Thursday, 30 June 2022. The Recovery Loan Scheme supports access...

The P11D return is required to report any expenses or benefits paid to employees or directors by employers during the tax year. Any...

The HMRC company car advisory fuel rates that apply from 1 June 2022 have been increased reflecting a sharp increase in fuel prices over...

The Chancellor, Rishi Sunak has today announced a number of support measures to help with the rising cost of living. Millions of...

As a result of the increase in the Bank of England base rate to 1% last week, HMRC has now confirmed that it will raise their interest...

The Easter holidays are here. Please note that our office will be closed Easter Monday & Easter Tuesday (18th & 19th April 2022) and...

With effect from 1 April 2022 all VAT registered businesses (regardless of turnover) must keep digital records for VAT purposes and...

Businesses in the construction industry will no longer be able to use red diesel from 1st April 2022 for most purposes.

The Chancellor, Rishi Sunak announced the UK Spring Statement 2022 yesterday, 23 March 2022. Please find attached our summary of the...